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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: BWAC who wrote (55729)11/16/2001 12:05:47 PM
From: willcousa  Read Replies (3) | Respond to of 70976
 
OT Greenspan

I will always believe that Greeny raised rates over and over in the face of no evidence of inflation to rid the country of the cancer in the White House. It was still touch and go but it happened! TGI Bush



To: BWAC who wrote (55729)11/16/2001 12:14:48 PM
From: michael97123  Respond to of 70976
 
Actually someone said on cnbc yesterday that interest rate increase would be coming spring next year. But that would be too late to cause a tanking economy in july. Jacob was alluding to a bad retail situation because of bad consumer balance sheets and speed up of purchases as they take advantage of current prices like 0 percent autos.
If jacob is correct market rally will we are now experiencing will have limits in the 200-2300 range and end in january sometime--if he is wrong we could move back up to this years 2900 high by late winter, early spring. mike